Archive for  November 2005
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The Extraordinary General Meeting (EGM) of the Lahore Chamber of Commerce and Industry (LCCI) Monday gave approval for the collection of Earthquake Relief Fund from the members with the membership fee. The EGM notice was
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Relief and rehabilitation activities have gained momentum in the earthquake-hit areas of NWFP and Azad Kashmir ahead of the winter season. Tonnes of relief goods, including tents, blankets, medicines, and food items were dropped by
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Relief goods were being dispatched to the earthquake-hit areas and, in this regard, the Punjab government with the co-operation of private sector, has sent 210 more trucks carrying medicines, eatables, blankets and tents to the
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Declining trend was observed on the forward cottonseed oilcake market on Monday as only some buyers covered their forward needs, dealers said. The December vaida opened with 20 paisa loss at Rs 439.50, later, it
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Cotton market commenced the week on a firm note as the spot rate recovered its lost ground amid low business, dealers said. The official spot rate gained Rs 25 Rs 2325, without upcountry expenses. In
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Wheat prices were higher on the grain market on Monday as other commodity items maintained the overnight levels, dealers said. On the cereals side, wheat Mexipak old type quoted higher at Rs 1135-1140 and new
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China, the world's top soya importer, has slowed down purchases of the oilseed from the United States as worries over bird flu eat into domestic poultry consumption and farmers hesitate to build up their flocks.
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Asian rubber prices drifted down on Monday following a drop in Tokyo futures, but trade was thin due to this week's Muslim holidays in Indonesia and Malaysia, two major producers. "The market has already peaked,"
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Copper futures edged up in Asia on Monday but were pressured by a fall in Shanghai prices, with the market lacking clear direction due to this week's London Metal Exchange annual convention. The three-month LME
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Gold fell slightly in Asia on Monday ahead of a US Federal Reserve interest-rate meeting which is likely to prompt book-squaring in the bullion market. Dealers said a fall below the $466-$470 level could trigger
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